- Business
- APT Satellite Holdings Limited, a Bermuda-incorporated investment holding company listed on the Hong Kong Stock Exchange (1045.HK) and headquartered at 22 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, primarily operates through its wholly-owned subsidiary APT Satellite Company Limited (APSTAR), which commenced operations in 1992 as a leading satellite operator in the Asia-Pacific region. The company maintains and operates a fleet of six in-orbit satellites—APSTAR-5C (jointly with Telesat at 138°E), APSTAR-6C (134°E), APSTAR-7 (76.5°E), APSTAR-9 (142°E), APSTAR-6D (>50 Gbps HTS at 134°E operated by associate APT Mobile Satcom Limited), and APSTAR-6E (>30 Gbps HTS at 134°E operated by associate APSTAR Alliance Satcom Limited)—providing C-band, Ku-band, and Ka-band transponder capacity covering Asia, Europe, Africa, Australia, Oceania, and Pacific islands, serving approximately 75% of the world's population; core services include satellite transponder leasing for video distribution, direct-to-home TV, news gathering, cellular backhaul, corporate VSAT networks, distance learning, maritime and aeronautical mobility; satellite-based broadcasting and telecommunications; teleport and network services; data center and OTT services; and gateway station operations supporting HTS systems in Hong Kong, Australia, Indonesia, and Malaysia. Geographically focused on Greater China (including Mainland China, Hong Kong, Taiwan, Macau), Southeast Asia, and other regions, the company targets broadcasters, telecom operators, and service providers with one-stop-shop solutions enhanced by ground facilities such as satellite control centers, access centers, network operation centers, and TV broadcast centers. Recent developments include the successful operation of APSTAR-6E launched in 2023 to expand HTS capabilities in Southeast Asia, ongoing construction of a new satellite earth station at Chung Hom Kok in Hong Kong to mitigate 5G interference and bolster ground services, expansion of gateway stations for terrestrial-HTS integration, and strategic utilization of associate-operated HTS satellites for broadband services amid market oversupply and competition from LEO operators like Starlink, as reflected in 2025 interim revenue of HK$379.7 million and profit attributable to shareholders of HK$77.4 million.